The flooding in Thailand this monsoon season has been known as some of the worst. Thousands of families displaced, livestock and crops destroyed, and hundreds of factories have been forced to close their doors. Ripples have been felt worldwide as the flooding has affected the global supply chain.
U.S. imports from Thailand for November show over a 10% decrease from October and over a 12% decrease from November of last year. The first half of 2011 remained flat when compared to the previous year, but since the flooding began, overall imports for the year have dropped over 3% from 2010. One of the largest and most affected ports in Thailand is the Port of Bangkok, which posted record-low figures for the year in November, decreasing 10% from October. As the flooding continues for a fifth month in Thailand, shipments from the country may see even deeper drop-offs until the recovery process is able to begin; a grim outlook for a country that has already endured so much. Below is a graph illustrating recent trends of U.S. imports from Thailand.